• The Uniqlo Innovation Project, a collaboration between Nicola Formichetti and design executives at Uniqlo, bowed its second collection yesterday. [Racked]
• Terry Richardson styled some KIDS in this image, just for kicks. [Styleite]
• Chanel Iman covers the new issue of L’Officiel Paris. [ONTD]
• British model Daisy Lowe made a special appearance during the Auslander show at Rio de Janeiro’s fashion week, but the Daily Mail reports “the audience didn’t seem to know or care who she was.” [Daily Mail UK]
• The FLOTUS turns 48 today. Happy Birthday, Michelle Obama! [HuffPo]
• See the editorial accompanying Taylor Swift’s Vogue cover. [Vogue]
• American Eagle will open three stores in Tokyo this year. [WWD]
• Karl Lagerfeld heads to Tokyo in March to show the winter couture collection, open a pop-up shop, and debut an exhibition of Chanel jackets, all in an effort to reaffirm Chanel’s commitment to Japan. [WWD]
• Burberry reported a 22 percent rise in its third-quarter revenues to $901.2 million from $737.9 million in the same period last year. [Reuters]
• In March, Karen Walker’s Hi There line will become available exclusively at Anthropologie stores. [Fashionologie]
• Anais Pouliot, Ming Xi, and Kate King cover February’s issue of Vogue Russia. [Fashion Gone Rogue]
• The National Retail Federation predicts that retail sales will grow 3.4% to $2.53 trillion in 2012. [NYDN]
• Former Cacharel creative director Cédric Charlier is starting his own collection with help from licensee Aeffe SpA. [WWD]
• Giles Deacon designed prints for pieces in his pre-fall collection on his iPad. “I just do it with my finger. It sounds really retarded, but it’s super, super good fun,” says the designer. [Elle]
• See a preview of six dresses included in a Yves Saint Laurent retrospective exhibition that opens in March at the Denver Art Museum. [Fashionologie]
• Here’s an interview with rising menswear designer Umit Benan. He explains the meaning behind his tattoos — he has lots of them. [NYT]